productivity

This paper presents the first empirical evidence on the nature and effects of human resource practices (HRM) in the Finnish manufacturing sector. In the analysis, we use the novel survey on HRM practices, based on a representative random sample from the population of the Finnish manufacturing firms who had 50 or more employees in 2005.

The purpose of this paper is to assess the current state of the software industry in Finland. The GDP share of the IT industry in Finland has doubled during the last 10 years, being currently approximately 2 percent. In 2006, the Finnish IT industry consisted of approximately 8000 firms with 46 000 employees, of which

Using a neo-classical growth model, we analyse the real and nominal GDP per capita convergence of 21 emerging market economies (EMEs) of Central and Eastern Europe towards the EU15 average by 2050. We estimate the countries’ initial capital stocks and project future investment as a function of the GDP per capita gap, among other things,

A company’s intellectual capital consists of a set of various non-physical sources of value, such as employee competencies, stakeholder relationships and patents. This paper examines the relationship between intellectual capital and productivity at company-level. It is based on a conceptual study aiming to understand the relationship as well as two statistical studies aiming to describe

We study how upgrading the skills of the personnel affects a firm’s performance. Two different strategies are examined : 1) providing formal training and 2) strategic recruitment and separation policy. The use of register-based longitudinal employer-employee data supplemented with a survey on vocational training provides an opportunity to shed fresh light on the issue and

This paper is the first effort to analyze the intangible investments of the Finnish non-financial business sector in 1975–2005 with a heretofore unseen scope of intangible investments in line with the definition of Corrado, Hulten and Sichel (2005, 2006). Not only GDP but also investments have become more weightless as the importance of scientific innovative